New multipliers for retail, hospitality, and leisure (RHL) were announced at Budget 2024. Government has been clear that the intention was for their scope to broadly reflect the scope of the RHL relief, which was centred around RHL properties that are “reasonably accessible to visiting members of the public”. As recording studios are not generally open to members of the public, they were unlikely to be receiving RHL relief.

In recognition of the impact of the 2026 revaluation on bills, the Government introduced a support package worth £4.3 billion at Budget 2025 to protect ratepayers against large overnight increases in bills. Additionally, many recording studios are also likely to benefit from Small Business Rates Relief (SBRR). SBRR is available to businesses with a single property below a set rateable value. Eligible properties under £12,000 receive 100 per cent relief, which means around a third of properties in England pay no business rates at all. Tapered support is available to properties valued between £12,000 and £15,000.

The Government has introduced new permanently lower multipliers for eligible retail, hospitality and leisure (RHL) properties. These new multipliers are worth nearly £1 billion per year and benefit over 750,000 properties.

Since these new multipliers were announced at Budget 2024, the Government has been clear that the intention was for their scope to broadly reflect the scope of the previous RHL relief, which was centred around RHL properties that are “reasonably accessible to visiting members of the public”.

However, in recognition of the impact of the 2026 revaluation on bills, the Government has introduced a support package worth £4.3 billion to protect ratepayers against large overnight increases in bills. Additionally, many recording studios are also likely to benefit from Small Business Rates Relief (SBRR). SBRR is available to businesses with a single property below a set RV. Eligible properties under £12,000 receive 100 per cent relief, which means around a third of properties in England pay no business rates at all. Tapered support is available to properties valued between £12,000 and £15,000.

The UK’s world-class network of recording studios is a cornerstone of our status as the global third-largest recorded music market and second-largest exporter. These facilities are not only commercial hubs but essential incubators for our national talent pipeline. The creative industries, including music, have been identified as a priority growth sector in the government’s Industrial Strategy and in June 2025 we published a Creative Industries Sector Plan setting out our ambition to maximise the value and impact of our creative businesses.

No specific analysis of International Standard Recording Code (ISRC) registration data has been undertaken to identify shifts in recording activity from the UK to overseas facilities.

However, we continue to work closely with industry stakeholders, including UK Music and the Music Producers Guild, to understand the size of the UK’s commercial recording studio sector and the specific challenges faced by businesses. We also engage with Phonographic Performance Limited (PPL) and the International Federation of the Phonographic Industry (IFPI) to provide a wider context of recorded music trends and developments within the global music market.

The Government is investing £30 million into a new Music Growth Package, launching in 2026, which will support music infrastructure, including recording studios, and ensure the UK music sector remains globally competitive.

No such estimates have been made. In recognition of the impact of the revaluation on bills, the Government has introduced a support package worth £4.3 billion to protect ratepayers against large overnight increases in bills.

Recording studios are a vital part of the infrastructure of the music industry. The Government is doubling funding for the Music Growth Package, which will support the music ecosystem across both live and electronic music – from grassroots venues, festivals, recording and rehearsal studios to artists, songwriters, independent labels, managers, and promoters working in all genres of music.

The Government will continue to engage closely with the sector to understand ongoing pressures and ensure the UK remains a globally competitive place to create, record and produce music.

No such estimates have been made. In recognition of the impact of the revaluation on bills, the Government has introduced a support package worth £4.3 billion to protect ratepayers against large overnight increases in bills.

Recording studios are a vital part of the infrastructure of the music industry. The Government is doubling funding for the Music Growth Package, which will support the music ecosystem across both live and electronic music – from grassroots venues, festivals, recording and rehearsal studios to artists, songwriters, independent labels, managers, and promoters working in all genres of music.

The Government will continue to engage closely with the sector to understand ongoing pressures and ensure the UK remains a globally competitive place to create, record and produce music.

The Valuation Office are working with the sector to ensure that recording studios are categorised as such. They publish an annual stock of properties which can be sorted by their Special Category (SCat) here: Non-domestic rating: stock of properties collection - GOV.UK. Recording studios can be found under SCat code 232. The total number of recording studios in England and Wales for the last ten years are:

2025 - 410

2024 - 410

2023 - 420

2022 - 420

2021 - 410

2020 - 400

2019 - 410

2018 - 400

2017 - 390

2016 - 390

The UK’s network of recording studios are central to our position as the world’s third-largest recorded music market and second-biggest exporter of music, and they play a crucial role in ensuring the continuation of our talent pipeline. The creative industries, and music within that, are a priority growth sector in the government’s Industrial Strategy.

We have worked with industry to make revisions to the ONS's proposed SIC 2026 framework, and once in place, future economic estimates will be available for both music publishing and sound recording separately.

At the 2025 Budget, the Valuation Office Agency (VOA) announced updated property values that will take effect from 1 April 2026. This revaluation is the first since the pandemic, which has led to significant increases in rateable values (RVs) for some properties.  In recognition of the impact of the revaluation on business rates bills, the government announced a support package worth £4.3 billion to protect against ratepayers seeing large overnight increases in bills. Over half of ratepayers will see no bill increases, including 23% seeing their bills go down next year. This also means most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest.

Many recording studios are also likely to benefit from Small Business Rates Relief (SBRR). SBRR is available to businesses with a single property below a set RV. Eligible properties under £12,000 receive 100 per cent relief, which means around a third of properties in England pay no business rates at all. Tapered support is available to properties valued between £12,000 and £15,000. If a business expands to a second property, it will retain SBRR  on the first property for 3 years, up from 12 months previously.

The Government is investing £30m into a new Music Growth Package, launching in 2026, which will support music infrastructure, including recording studios, and ensure the UK music sector remains globally competitive. This enables the grassroots music sector, including recording studios, to apply for grants of up to £40,000 to develop new revenue streams and make repairs and improvements.

We are continuing to engage closely with industry stakeholders, including UK Music and the Music Producers Guild, to strengthen our understanding of the specific challenges the sector faces in relation to business rates, alongside the broader pressures on businesses arising from rising operating costs.

The UK’s network of recording studios are central to our position as the world’s third-largest recorded music market and second-biggest exporter of music, and they play a crucial role in ensuring the continuation of our talent pipeline. The creative industries, and music within that, are a priority growth sector in the government’s Industrial Strategy.

We have worked with industry to make revisions to the ONS's proposed SIC 2026 framework, and once in place, future economic estimates will be available for both music publishing and sound recording separately.

At the 2025 Budget, the Valuation Office Agency (VOA) announced updated property values that will take effect from 1 April 2026. This revaluation is the first since the pandemic, which has led to significant increases in rateable values (RVs) for some properties.  In recognition of the impact of the revaluation on business rates bills, the government announced a support package worth £4.3 billion to protect against ratepayers seeing large overnight increases in bills. Over half of ratepayers will see no bill increases, including 23% seeing their bills go down next year. This also means most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest.

Many recording studios are also likely to benefit from Small Business Rates Relief (SBRR). SBRR is available to businesses with a single property below a set RV. Eligible properties under £12,000 receive 100 per cent relief, which means around a third of properties in England pay no business rates at all. Tapered support is available to properties valued between £12,000 and £15,000. If a business expands to a second property, it will retain SBRR  on the first property for 3 years, up from 12 months previously.

The Government is investing £30m into a new Music Growth Package, launching in 2026, which will support music infrastructure, including recording studios, and ensure the UK music sector remains globally competitive. This enables the grassroots music sector, including recording studios, to apply for grants of up to £40,000 to develop new revenue streams and make repairs and improvements.

We are continuing to engage closely with industry stakeholders, including UK Music and the Music Producers Guild, to strengthen our understanding of the specific challenges the sector faces in relation to business rates, alongside the broader pressures on businesses arising from rising operating costs.

The UK’s network of recording studios are central to our position as the world’s third-largest recorded music market and second-biggest exporter of music, and they play a crucial role in ensuring the continuation of our talent pipeline. The creative industries, and music within that, are a priority growth sector in the government’s Industrial Strategy.

We have worked with industry to make revisions to the ONS's proposed SIC 2026 framework, and once in place, future economic estimates will be available for both music publishing and sound recording separately.

At the 2025 Budget, the Valuation Office Agency (VOA) announced updated property values that will take effect from 1 April 2026. This revaluation is the first since the pandemic, which has led to significant increases in rateable values (RVs) for some properties.  In recognition of the impact of the revaluation on business rates bills, the government announced a support package worth £4.3 billion to protect against ratepayers seeing large overnight increases in bills. Over half of ratepayers will see no bill increases, including 23% seeing their bills go down next year. This also means most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest.

Many recording studios are also likely to benefit from Small Business Rates Relief (SBRR). SBRR is available to businesses with a single property below a set RV. Eligible properties under £12,000 receive 100 per cent relief, which means around a third of properties in England pay no business rates at all. Tapered support is available to properties valued between £12,000 and £15,000. If a business expands to a second property, it will retain SBRR  on the first property for 3 years, up from 12 months previously.

The Government is investing £30m into a new Music Growth Package, launching in 2026, which will support music infrastructure, including recording studios, and ensure the UK music sector remains globally competitive. This enables the grassroots music sector, including recording studios, to apply for grants of up to £40,000 to develop new revenue streams and make repairs and improvements.

We are continuing to engage closely with industry stakeholders, including UK Music and the Music Producers Guild, to strengthen our understanding of the specific challenges the sector faces in relation to business rates, alongside the broader pressures on businesses arising from rising operating costs.

The UK’s network of recording studios are central to our position as the world’s third-largest recorded music market and second-biggest exporter of music, and they play a crucial role in ensuring the continuation of our talent pipeline. The creative industries, and music within that, are a priority growth sector in the government’s Industrial Strategy.

We have worked with industry to make revisions to the ONS's proposed SIC 2026 framework, and once in place, future economic estimates will be available for both music publishing and sound recording separately.

At the 2025 Budget, the Valuation Office Agency (VOA) announced updated property values that will take effect from 1 April 2026. This revaluation is the first since the pandemic, which has led to significant increases in rateable values (RVs) for some properties.  In recognition of the impact of the revaluation on business rates bills, the government announced a support package worth £4.3 billion to protect against ratepayers seeing large overnight increases in bills. Over half of ratepayers will see no bill increases, including 23% seeing their bills go down next year. This also means most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest.

Many recording studios are also likely to benefit from Small Business Rates Relief (SBRR). SBRR is available to businesses with a single property below a set RV. Eligible properties under £12,000 receive 100 per cent relief, which means around a third of properties in England pay no business rates at all. Tapered support is available to properties valued between £12,000 and £15,000. If a business expands to a second property, it will retain SBRR  on the first property for 3 years, up from 12 months previously.

The Government is investing £30m into a new Music Growth Package, launching in 2026, which will support music infrastructure, including recording studios, and ensure the UK music sector remains globally competitive. This enables the grassroots music sector, including recording studios, to apply for grants of up to £40,000 to develop new revenue streams and make repairs and improvements.

We are continuing to engage closely with industry stakeholders, including UK Music and the Music Producers Guild, to strengthen our understanding of the specific challenges the sector faces in relation to business rates, alongside the broader pressures on businesses arising from rising operating costs.

The UK’s network of recording studios are central to our position as the world’s third-largest recorded music market and second-biggest exporter of music, and they play a crucial role in ensuring the continuation of our talent pipeline. The creative industries, and music within that, are a priority growth sector in the government’s Industrial Strategy.

We have worked with industry to make revisions to the ONS's proposed SIC 2026 framework, and once in place, future economic estimates will be available for both music publishing and sound recording separately.

At the 2025 Budget, the Valuation Office Agency (VOA) announced updated property values that will take effect from 1 April 2026. This revaluation is the first since the pandemic, which has led to significant increases in rateable values (RVs) for some properties.  In recognition of the impact of the revaluation on business rates bills, the government announced a support package worth £4.3 billion to protect against ratepayers seeing large overnight increases in bills. Over half of ratepayers will see no bill increases, including 23% seeing their bills go down next year. This also means most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest.

Many recording studios are also likely to benefit from Small Business Rates Relief (SBRR). SBRR is available to businesses with a single property below a set RV. Eligible properties under £12,000 receive 100 per cent relief, which means around a third of properties in England pay no business rates at all. Tapered support is available to properties valued between £12,000 and £15,000. If a business expands to a second property, it will retain SBRR  on the first property for 3 years, up from 12 months previously.

The Government is investing £30m into a new Music Growth Package, launching in 2026, which will support music infrastructure, including recording studios, and ensure the UK music sector remains globally competitive. This enables the grassroots music sector, including recording studios, to apply for grants of up to £40,000 to develop new revenue streams and make repairs and improvements.

We are continuing to engage closely with industry stakeholders, including UK Music and the Music Producers Guild, to strengthen our understanding of the specific challenges the sector faces in relation to business rates, alongside the broader pressures on businesses arising from rising operating costs.

The UK’s network of recording studios are central to our position as the world’s third-largest recorded music market and second-biggest exporter of music, and they play a crucial role in ensuring the continuation of our talent pipeline. The creative industries, and music within that, are a priority growth sector in the government’s Industrial Strategy.

We have worked with industry to make revisions to the ONS's proposed SIC 2026 framework, and once in place, future economic estimates will be available for both music publishing and sound recording separately.

At the 2025 Budget, the Valuation Office Agency (VOA) announced updated property values that will take effect from 1 April 2026. This revaluation is the first since the pandemic, which has led to significant increases in rateable values (RVs) for some properties.  In recognition of the impact of the revaluation on business rates bills, the government announced a support package worth £4.3 billion to protect against ratepayers seeing large overnight increases in bills. Over half of ratepayers will see no bill increases, including 23% seeing their bills go down next year. This also means most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest.

Many recording studios are also likely to benefit from Small Business Rates Relief (SBRR). SBRR is available to businesses with a single property below a set RV. Eligible properties under £12,000 receive 100 per cent relief, which means around a third of properties in England pay no business rates at all. Tapered support is available to properties valued between £12,000 and £15,000. If a business expands to a second property, it will retain SBRR  on the first property for 3 years, up from 12 months previously.

The Government is investing £30m into a new Music Growth Package, launching in 2026, which will support music infrastructure, including recording studios, and ensure the UK music sector remains globally competitive. This enables the grassroots music sector, including recording studios, to apply for grants of up to £40,000 to develop new revenue streams and make repairs and improvements.

We are continuing to engage closely with industry stakeholders, including UK Music and the Music Producers Guild, to strengthen our understanding of the specific challenges the sector faces in relation to business rates, alongside the broader pressures on businesses arising from rising operating costs.

The UK’s network of recording studios are central to our position as the world’s third-largest music market and play an important role in ensuring the continuation of our talent pipeline. The creative industries, and music within that, are a priority growth sector in the government’s Industrial Strategy.

Up to now, recording studios have been classified by a four-digit SIC code that combined sound recording with music publishing. While this broader group contributed £1.9 billion to the UK economy in 2024, we are not able to disaggregate the contribution of recording studios specifically. Given these long running data limitations, we have in the past commissioned bespoke research to better understand this part of the sector, including a Music Studio Market Assessment in 2021.

Since then, we’ve worked with industry trade bodies to improve the accuracy of industrial classifications, in particular to make the case for revisions to the ONS's proposed SIC 2026 framework. Several of the recommendations have been accepted and once in place, future economic estimates will be available for both music publishing and sound recording separately.

The Government has no current plans to freeze business rates for recording studios.

At the Budget in November 2025, the Government announced a £4.3 billion support package to support ratepayers across all sectors seeing bill increases. This includes a redesigned Transitional Relief scheme, which protects ratepayers from large overnight increases as a result of the revaluation.

The Government values the music industry and understands that recording studios are a vital part of the infrastructure of the industry. The Music Growth Package will see Government funding for the sector more than double from £4.1 million to up to £10 million a year for the next three years.

The Valuation Office Agency independently value all non-domestic properties, including recording and visual arts studios, every three years at a revaluation.

We are reforming the business rates system by introducing permanently lower tax rates for over 750,000 retail, hospitality and leisure properties, funded by a higher rate on the most valuable properties. Where a recording studio forms part of a single property with a qualifying hospitality or retail business and the hospitality or retail aspect is the main purpose of the property, it will qualify for the lower multipliers.

Following concerns raised after the Budget, the Government has also launched a review of the methodology used to value both pubs and hotels for business rates purposes. As part of this, the Government will engage extensively with valuation experts, businesses and their representatives and will report in time for any decisions that follow to be implemented for the 2029 revaluation.